v3.26.1
Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenue $ 370,576 $ 293,117 $ 728,581 $ 572,944
Cost of revenue 101,474 71,236 190,586 138,936
Gross profit 269,102 221,881 537,995 434,008
Operating expenses:        
Selling and marketing 139,300 126,632 273,355 250,159
Research and development 91,932 72,459 171,964 141,808
General and administrative 52,833 54,116 105,894 97,117
Total operating expenses 284,065 253,207 551,213 489,084
Operating loss (14,963) (31,326) (13,218) (55,076)
Other income:        
Other expense (505) (898) (941) (1,562)
Interest income 8,362 9,743 17,773 19,002
Total other income, net 7,857 8,845 16,832 17,440
(Loss) income before income taxes (7,106) (22,481) 3,614 (37,636)
Provision for income taxes 1,743 1,800 3,425 734
Net (loss) income (8,849) (24,281) 189 (38,370)
Comprehensive (loss) income $ (8,849) $ (24,281) $ 189 $ (38,370)
Net (loss) income per share attributable to Series A and Series B common stockholders, basic (in dollars per share) $ (0.03) $ (0.09) $ 0 $ (0.14)
Net (loss) income per share attributable to Series A and Series B common stockholders, diluted (in dollars per share) $ (0.03) $ (0.09) $ 0 $ (0.14)
Weighted average common shares outstanding, basic (in shares) 296,851,806 284,928,388 300,597,853 279,674,052
Weighted average common shares outstanding, diluted (in shares) 296,851,806 284,928,388 301,908,020 279,674,052